Tuesday, August 10, 2010

Current Positions and the Dollar

The following four charts are currently of deep interest to me.  I have positions in the following four inverse ETFs: DXD, SDS, QID, and TWM.  I will increase my current portfolio allocation from 26% to 50% when the following criteria are met:
  1. 3-day EMA > 10-day EMA
  2. Willams%R -.79 or better
  3. PPO turns positive.
I have also included a chart on the dollar (UUP), which appears ready to rally from its current level.  Such a dollar move would be negative for the overall market.

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